Silver Spring Networks’ Chairman, President and Chief Executive Scott Lang, left, and Cully Davis, managing director, equity capital markets at Credit Suisse, shown at the New York Stock Exchange on March 13.

The two most recent initial public offerings of clean-technology companies, the December debut of solar financing company SolarCity and this week’s listing of electricity grid infrastructure company Silver Spring Networks, provide a glimmer of hope for other companies in the sector.

“It’s a great sign, but the markets are not open for every company,” said Michael Molnar, partner and director of research at Restorative, which runs a long/short fund investing in energy, food, infrastructure and resources sectors. Restorative has a position in SolarCity, said Molnar. “It does show that this space is not dead in terms of public investor interest. There was some debate whether anyone would ever invest in this space again. So you can’t argue that that’s the case anymore,” he added. Read More »

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